National Vulcanized Fiber
Encyclopedia
NVF Company, formerly known as National Vulcanized Fiber, is a private company based in Yorklyn, Delaware
. One of its original products, a sheet-like material called Forbon
, is commonly used on guitar pickups. NVF also makes a product called Yorkite, another vulcanized fibre
, that has wood grain printed directly on the material.
The company currently generates an estimated $42.2 million dollars in sales and has about 550 employees.
Company president Warren Marshall's 1936 salary was included in a list of "highest salaries paid in nation" released in 1938 by a Congressional committee.
In 1946, the company's shares began trading on the New York Stock Exchange
.
In the 1990s, the company was controlled by financier Victor Posner
.
NVF was involved in a dispute with the city of Holyoke, Massachusetts
about unpaid taxes on a paper factory there which was later destroyed by fire.
An NVF facility in Kennett Square, Pennsylvania
was found to be contaminated by polychlorinated biphenyls
.
A former NVF manufacturing site in Newark, Delaware
has been redeveloped by the Commonwealth Group of New Castle, Delaware
.
Yorklyn, Delaware
Yorklyn is an unincorporated community in northern New Castle County, Delaware, United States. It lies along Delaware Route 82 northwest of the city of Wilmington, the county seat of New Castle County. Its elevation is 174 feet...
. One of its original products, a sheet-like material called Forbon
Forbon
Forbon is a vulcanized fiber that was created in the early 1900s by the NVF company. It was used on the original pickups that Leo Fender created for the Stratocaster, Telecaster, and the Precision Bass. It is still used on reissue guitar and bass models from that era...
, is commonly used on guitar pickups. NVF also makes a product called Yorkite, another vulcanized fibre
Vulcanized fibre
Vulcanized fibre is a laminated plastic composed of only cellulose. The material is a tough, resilient, hornlike material that is lighter than aluminium, tougher than leather, stiffer than most thermoplastics...
, that has wood grain printed directly on the material.
The company currently generates an estimated $42.2 million dollars in sales and has about 550 employees.
History
The company was formed by the merger of American Vulcanized Fiber Company, the National Fiber and Insulation Company and the Keystone Fiber Company on January 1, 1923.Company president Warren Marshall's 1936 salary was included in a list of "highest salaries paid in nation" released in 1938 by a Congressional committee.
In 1946, the company's shares began trading on the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
.
In the 1990s, the company was controlled by financier Victor Posner
Victor Posner
Victor Posner was an American businessman. He was known as one of the highest paid business executives of his generation. He was a pioneer of the leveraged buyout.-Career:...
.
NVF was involved in a dispute with the city of Holyoke, Massachusetts
Holyoke, Massachusetts
Holyoke is a city in Hampden County, Massachusetts, United States, between the western bank of the Connecticut River and the Mount Tom Range of mountains. As of the 2010 Census, the city had a population of 39,880...
about unpaid taxes on a paper factory there which was later destroyed by fire.
An NVF facility in Kennett Square, Pennsylvania
Kennett Square, Pennsylvania
Kennett Square is a borough in Chester County, Pennsylvania, United States. It is known as the Mushroom Capital of the World because mushroom farming in the region produces over a million pounds of mushrooms a year...
was found to be contaminated by polychlorinated biphenyls
Polychlorinated biphenyl
Polychlorinated biphenyls are a class of organic compounds with 2 to 10 chlorine atoms attached to biphenyl, which is a molecule composed of two benzene rings. The chemical formula for PCBs is C12H10-xClx...
.
A former NVF manufacturing site in Newark, Delaware
Newark, Delaware
Newark is an American city in New Castle County, Delaware, west-southwest of Wilmington. According to the 2010 Census, the population of the city is 31,454. Newark is the home of the University of Delaware.- History :...
has been redeveloped by the Commonwealth Group of New Castle, Delaware
New Castle, Delaware
New Castle is a city in New Castle County, Delaware, six miles south of Wilmington, situated on the Delaware River. In 1900, 3,380 people lived here; in 1910, 3,351...
.